Croatia: reasonable prices, reasonable yields
Last Updated: December 17, 2017
|Last Updated: Dec. 17, 2017|
|ZAGREB - Apartments||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|90 sq. m.||172,620||870||6.05%||1,918||9.67|
|120 sq. m.||237,360||1,074||5.43%||1,978||8.95|
|DUBROVNIK - Apartments|
|120 sq. m.||363,360||n.a.||n.a.||3,028||n.a.|
|SPLIT - Apartments|
|60 sq. m.||179,460||701||4.69%||1,994||7.79|
|120 sq. m.||313,920||835||3.19%||2,616||6.96|
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Zagreb: Donji Grad, Gornji Grad (Centar), Medveščak
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
How much can you earn? Gross rental yields in Croatia’s capital, Zagreb, are moderate to good, at around 5.4% to 6.0%.
In Split, rental returns are less good, with gross rental yields of 3.6% on larger apartments, 4.7% on smaller apartments
Round trip transaction costs are quite high in Croatia. See our property transaction costs analysis for Croatia and property transaction costs in Croatia, compared to the rest of Europe.